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July 19, 2008
Pricing Your Home
Pricing your home will be the most crucial decision of your selling experience. A properly priced home will sell in any market, both hot and cold. Initially pricing your home too high will mean that you will get substantially less traffic and most likely no offers. On the other hand, pricing it too low will mean leaving money on the table. The best way to optimize the net sales price for your home is to price it competitively the first day it’s listed, blanket it with marketing, and have it show like new.
A great way to help price your home is to create a CMA using other homes for sale in your neighborhood. If you have questions regarding the functionality of the CMA, feel free to contact a HomeZill customer service representative who will assist you when pricing your home.
The Effects of Over Pricing Your Home
This example shows the average difference between the Asking and
Selling Price by the period of time the home was on the market
Overpricing your home can be more costly in the long run
Maintain your home in top showing condition
Make sure your home is available for show
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